Crib Chatter

This studio in The Constellation at 1555 N. Dearborn Parkway in the Gold Coast came on the market in June 2015.

Located on the 23rd floor, the 450 square foot studio has floor-to-ceiling windows with Lincoln Park and Lake Michigan views.

The listing says the kitchen has been “updated”. It has maple cabinets, granite counter tops and a smaller than normal-size white refrigerator and stove.

There is laundry in the building as well as a roof deck.

It has a doorman and I believe there’s a rental garage in the building as well.

The unit has been reduced $5,000 to $155,000 since June.

This studio has only sold 3 times in the last 24 years.

Is this a deal for someone who wants an in-town in a prime location?

Suzanne Beu at Coldwell Banker has the listing. See the pictures here.

Unit #23C: studio, 450 square feet

• Sold in December 1991 for $42,000
• Sold in December 1996 for $48,000
• Sold in September 2005 for $165,000
• Originally listed in June 2015 for $160,000
• Reduced
• Currently listed at $155,000
• Assessments of $483 a month (includes heat, a/c, water, cable, doorman, exterior maintenance, scavenger, snow removal)
• Taxes of $2344
• Central Air
• No washer/dryer in the unit- laundry room in the building
• No parking- but I think there’s a rental garage in the building
• Living space: 20×13